Safe & Green Holdings Corp. Announces Letter Of Intent To Sell Lago Vista Site For $12.5M
Portfolio Pulse from Benzinga Newsdesk
Safe & Green Holdings Corp. has announced a letter of intent to sell its Lago Vista site for $12.5 million.
June 15, 2023 | 12:31 pm
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Safe & Green Holdings Corp. (SGBX) intends to sell its Lago Vista site for $12.5 million, potentially increasing its cash position.
The sale of the Lago Vista site for $12.5 million will directly impact SGBX as it will increase the company's cash position. This could be seen as a positive development for the company, potentially leading to a short-term increase in its stock price.
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